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Re: magikalalpha post# 14912

Friday, 10/30/2020 10:59:44 AM

Friday, October 30, 2020 10:59:44 AM

Post# of 22985
WOW 3 million traded and still down.

So Nope, no preface required.

Objectivity doesn't require modifiers.

Widely observable and evidenced that contrary to the "No Dilution" tweet The OS was 58 million prior to July 2. Increased to 113 million , and now sits at 123 million.

Dilution has occurred.

The way this has traded indicates that merger was already priced into the the Market cap with the lower OS and is why this hit the highs it did.

With the new OS ... SP peaks at .028-.032 UNLESS the market believes this should trade above the previously hit 3.5 million market cap.

It WILL have to trade at 12 million market cap to hit .09 and that is 300% higher than the previous market cap which included rumor of the merger...

So unless Hans provides ample financials in Q3 , this is not going to allow baggies who entered at .05 -.06 a chance to breakeven in the short term.